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Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON) Watch here

Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON)


Pires Inv Share Chat (PIRI)



Share Price: 2.375Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Pires Inv
Spread: 0.00Spread as %: 0.00%Open: 2.375High: 0.00Low: 0.00Yesterday’s Close: 2.375


Share Discussion for Pires Inv


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NapoleonSolo
Posts: 376
Off Topic
Opinion:No Opinion
Price:2.625
Nick Lee
14 Feb '17
Only positive views here on NL appointment ?
 
eegbvi
Posts: 6,562
Off Topic
Opinion:No Opinion
Price:2.625
Piri Bod
14 Feb '17
Don't blame NL as he has every right to watch his company's investment & make sure
it doesn't get squirrelled away somewhere.
NapoleonSolo
Posts: 376
Off Topic
Opinion:No Opinion
Price:2.625
RE: PIRI
14 Feb '17
RNS dot flashing yesterday but when clicked on only previous announcement s were showing so I thought there was a glitch in LSE system. However agree that it's a good appointment and may signal a change from the past.
Energy1
Posts: 40
Off Topic
Opinion:No Opinion
Price:2.875
RE: PIRI
14 Feb '17
I'm surprised nobody else on this board had acknowledged the new appointment until now, given the RNS was released yesterday. Indeed, interesting times ahead for PIRI with Nick Lee on board. PRS have quite a stake in this.
Alexios
Posts: 8,590
Off Topic
Opinion:No Opinion
Price:2.625
PIRI
14 Feb '17
Interested parties still interested
Sit it out

Nick Lee appointment is very interesting...

I am guessing that next moves will be revealed in 3-6months time
eegbvi
Posts: 6,562
Off Topic
Opinion:No Opinion
Price:2.625
Eco Atlantic
13 Feb '17
Down to 16.75p today as opposed to a high of 105p. If you believe in their Guyana deal
then don't waste time on Piri, but then there's
the possible Namibia potential heavy drain to
consider also. All food for thought !!
phenomenonnick
Posts: 44
Off Topic
Opinion:No Opinion
Price:2.625
RE: cash balance o/s
13 Feb '17
Aren't the running costs north of £300k a year? Gotta be running on fumes! Which is another reason to be unimpressed by this investment.
euclid55
Posts: 884
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:2.625
cash balance o/s
13 Feb '17
They had £52k as at 30 April 2016

Raised £100k July 2016

Raised £525k Nov 2016

Raised £150k Nov 2016

Less £500k into Eco (Atlantic) Oil & Gas Ltd. in Feb leaves them with about £300,000
eegbvi
Posts: 6,562
Off Topic
Opinion:No Opinion
Price:2.625
Alexios
10 Feb '17
We're talking cross purposes here you re
holdings in Pires and me re holdings in Eco.
Alexios
Posts: 8,590
Off Topic
Opinion:No Opinion
Price:2.625
eegvbi
10 Feb '17
2 November 2016

Paternoster Resources plc

("Paternoster" or the "Company")

Subscription for shares in Pires Investments plc ("Pires")

Paternoster is pleased to announce that it has subscribed for 5,000,000 new ordinary shares in Pires Investments plc, as part of the company's recent placing, at a price of 3 pence per share for an aggregate investment of £150,000. This will give Paternoster a shareholding in the company of 17.3% post admission of the placing shares. As part of this investment, Paternoster will also be receiving 2,500,000 warrants to subscribe for new ordinary shares in Pires at a price of 4.25p at any time up to 2 May 2018.




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